If the Amount of Money in Circulation Is $50 Billion

question 133

Multiple Choice

If the amount of money in circulation is $50 billion and the nominal GDP is $200 billion, the velocity of money is

• A) 0.25
• B) 0.75.
• C) 2.
• D) 4.

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Definitions:

Megacorporation

A large and powerful company that owns or controls production and distribution in multiple industries across the globe.

Subsidized Foreign Imports

Goods purchased from other countries that are financially supported or reduced in cost by a government.

Structural Coercion

Describes a form of compulsion where social structures limit individual choices and freedoms, often through institutional or economic pressure.

Local Markets

Physical or virtual places within a defined geographical area where goods and services are bought and sold.